BlockBeats News, August 3rd, popular trader CryptoD posted on social media, stating, "Upon reviewing recent community messages, I found that the entire Meme ecosystem has become very fragmented. The Chinese and English-based communities have gradually formed different ecosystems, making it difficult for funds to be effectively centralized. In addition, the market has been in a bearish state for a long time, with funds not significantly increasing. On the contrary, more projects are emerging, and liquidity is becoming more fragmented.
However, I also believe that the overall crypto market is gradually approaching its bottom. Q3 and Q4 are likely to be the last period to strategically position oneself before the next bull market."
Previously reported, CryptoD made a profit of over $10 million solely trading the Meme coin TRUMP.
